California's state-supervised fire insurance provider of last resort received approval to levy a $1 billion assessment on ...

The California FAIR Plan was the 'insurer of last resort' for many people who lost their homes in LA last month. The FAIR Plan now needs help paying those claims.

The California FAIR Plan on Tuesday was allowed to seek $1 billion from insurance companies that do business in the state in response to the Los Angeles wildfires — half of which could ultimately be ...

The department says it’s the first time the Fair Plan has sought approval for additional money in more than 30 years.

Wildfires have become a growing concern in California particularly in regions like Los Angeles where dry conditions and strong winds create a high-risk environment As homeowners struggle to find compr ...

A primary argument by the plaintiffs in those cases is that the FAIR Plan is required to provide coverage for all smoke damage in accordance with California Insurance Code Section 2071.

GET PLANNING: Happy National Plan for a Vacation Day! We'll see you at the redwoods/in the desert/near the beach/around the cities, California-osity lovers.

For months after their home burned down in the 2021 Caldor Fire, Jennifer McKim-Hibbard and her husband would wake up and call the California FAIR Plan. The FAIR Plan, California's state-created ...

Wildfires push California property owners to the costly FAIR insurance plan. With insurers canceling or refusing policies in high-risk wildfire areas, more Californians are turning to the FAIR ...

The California FAIR Plan has an outsized share of the state’s riskiest policies because it is the insurer of last resort for home and building owners who can’t get coverage elsewhere.

This policy is essential to ensuring that homeowners in wildfire-prone regions can access reliable insurance, reducing their dependence on California's Fair Access to Insurance Requirements plan, a ...